Bank Maskan
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Iran Home Loans Surge by 52.8%
EghtesadOnline: Bank Maskan, the sole specialized bank in the housing sector, has recorded an annual increase of 52.8% in the volume of loans it has paid to finance related deals.
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HSA Growth Beats Expectations
EghtesadOnline: More than 480,000 people have opened Bank Maskan’s Housing Savings Account that offers Iran’s cheapest home loans since its inception about three years ago, the bank’s chief executive…
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Bank Maskan Modifies Housing Finance Policies
EghtesadOnline: Bank Maskan, the agent bank of Iran's housing sector, has made several policy changes to address the ongoing turmoil in the domestic foreign currency market, which has led to…
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Bank Maskan Mulls Home Loan Proposals
EghtesadOnline: Bank Maskan, the agent bank of the housing sector, is considering two proposals to sweeten a home loan offer for revitalizing the stagnant housing market and boosting demand from…
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Bank Maskan Loans Top $680m in Q1
EghtesadOnline: Bank Maskan, the agent bank of Iran's housing sector, allocated a total of 30 trillion rials ($686 million) to all applicants during the first three months of the current fiscal…
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HSA Deposits in Iran Up 70% YOY
EghtesadOnline: Down payments by applicants in Bank Maskan’s three-year-old mortgage scheme that targets first-time home buyers have increased 70% in value over the year ending June 21.
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82% Rise in Q1 Housing Loans
EghtesadOnline: Bank Maskan, the agent bank of Iran’s housing sector, has released its latest performance report showing that the number of loans it allocated to applicants during the first quarter…
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Bank Maskan Keen on Revitalizing Housing Sector
EghtesadOnline: Bank Maskan CEO Abolqasem Rahimi Anaraki announced plans to revitalize the housing sector by helping balance supply and demand.
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New Bank Maskan Policy Outlined
EghtesadOnline: Maskan Investment Group, the parent company of Bank Maskan, has outlined the group’s new policy in line with the bank’s efforts to spur the housing market.
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HSA Mortgage Applicants Top 326,000
EghtesadOnline: Bank Maskan said over 326,000 applicants have signed up for a popular mortgage scheme the lender launched three years ago.
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Bank Maskan Funded 1m Homes in 2 Years
EghtesadOnline: Bank Maskan, the agent bank of Iran’s housing sector, has released its two-year performance report, which indicates that it funded about one million homes in the fiscal 2016-17…
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Bank Maskan to Ramp Up Mortgage Plan
EghtesadOnline: Bank Maskan plans to expand a national mortgage scheme in the coming months to cover 700,000 potential applicants, the bank's CEO Abolqasem Rahimi said.
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Pre-Purchase Option for Housing Loan Applicants
EghtesadOnline: Prospective homebuyers who tap into the homeownership initiative launched by Bank Maskan, the agent bank of the housing sector, will soon have the option of making a pre-purchase,…
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Iran's 2nd Real-Estate Investment Trust Launched
EghtesaadOnline: The Iranian government on Saturday inaugurated the country’s second real-estate investment trust (REIT) called Narvan in Tehran through the Maskan Investment Group, the parent…
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Iran's 1st-Ever Housing Corporate Bonds Issued by MIB
EghtesadOnline: Maskan Investment Bank, a subsidiary of Bank Maskan—the agent bank of the housing sector, has issued the first-ever corporate bonds.
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1st Real-Estate Fund to Be Launched Soon
EghtesadOnline: Iran’s Ministry of Roads and Urban Development is pursuing the expansion of real-estate investment trusts (REITs) in collaboration with Bank Maskan, the agent bank of the housing…
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Bank Maskan Home Loans Up
EghtesadOnline: Latest figures published by Bank Maskan, the agent bank of Iran's housing sector, indicate that in the first month of the current fiscal year (March 21-April 20), both the number…
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Maskan Loans to Support Middle-Income Iranians
EghtesadOnline: As Iran’s beleaguered housing sector continues to show signs of boom after five years of stagnancy and a majority of pundits predict a rise in home prices, Bank Maskan, the nation’s…
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28,000 First-Time Homebuyers Empowered by Bank Maskan
EghtesadOnline: More than 28,000 people have become homebuyers from Bank Maskan’s main initiative to boost the purchasing power of applicants during the first 11 months of the current fiscal…
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Bank Maskan Eases Home Ownership
EghtesadOnline: Bank Maskan, the agent bank of the housing sector, has eased conditions for its key target audiences, namely people tapping into its housing bonds scheme and citizens living in…
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Maskan to Tap Capital, Leasing Markets
EghtesadOnline: Employing the potentials of the capital market and leasing facilities will be two of the new approaches of Bank Maskan, the agent bank of the housing sector, in the next fiscal…
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Upbeat Outlook for Housing Bonds
EghtesadOnline: Bank Maskan, the agent bank of the housing sector, is upbeat about emerging out of its years-long stagnancy, as 14.2 million housing bonds have been traded by the end of the 10th…
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New CEO at Bank Maskan
EghtesadOnline: Minister of Economic Affairs and Finance Masoud Karbasian, who also chairs the annual general meetings of all state-owned banks, has appointed Abolqasem Rahimi Anaraki as the…
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Gov’t Supports Maskan Becoming Development Bank
EghtesadOnline: Bank Maskan, as the country’s only specialized lender in the housing sector, will be supported by the Iranian government, particularly the Ministry of Roads and Urban Development…
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260,000 Homes Funded by Maskan in 9 Months
EghtesadOnline: Bank Maskan, the agent bank of the housing sector, has allocated loans for the construction and purchase of 260,000 residential units in the first nine months of the current fiscal…
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Mortgage Monopoly Ends as New Players Enter
EghtesadOnline: The entry of new banks in the housing sector–formerly monopolized by Bank Maskan–will foster competition and lower mortgage rates, a member of Majlis Development Commission said.
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Bank Maskan Ready to Issue MBS Worth $240m
EghtesadOnline: Iran’s agent bank of the housing sector has notified the Central Bank of Iran that it is ready to start the second phase of issuing mortgage-backed securities on a significantly…
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Two Major Lenders Hold General Meetings
EghtesadOnline: The annual general meetings of two major state-owned banks, Bank Melli Iran and Bank Maskan, have been belatedly held and their balance sheets for the previous fiscal year to…
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Bank Maskan to Become Regional Development Bank
EghtesadOnline: As part of its roadmap until the end of the second term of President Hassan Rouhani in the fiscal 2021-22, which will coincide with the turn of the Iranian century, Bank Maskan—the…
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Calm Housing Market Forecast for Tehran in Fiscal H2
EghtesadOnline: The Iranian housing sector, which has just entered a pre-boom phase after a five-year recession, will not register a notable fluctuation in home prices in the second half of the…